The Nueva School

Analysis

The Nueva School is a registered charity in United States, based in Hillsborough, CA. It received its IRS tax-exemption ruling in July 1967, 59 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Nueva School reported income of $74.0m and spending of $65.1m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.5m to $74.0m (+11%), an average of +2.7% a year. The sharpest change came in the year to June 2022, when income rose by 33%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Nueva School sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Brilliant Corners ($73.9m), Chaminade University of Honolulu ($74.1m) and Equitable Facilities Fund Inc ($73.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 23% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $1.2m (1.9% of expenses). Other salaries and wages came to $24.0m. At year end it held assets of $279.9m against liabilities of $91.0m, net assets of $188.9m. It reported 329 employees.